Topic: How do you manage ur emotions? - page 4. (Read 55934 times)
I think to manage your emotions is one of the most difficult thing to do even as a experienced trader because you can see that even they are pros they still have emotions because they have greed.
I have to trust may self for ever happen or decission I made soon, what ever happens If it is good or bad maybe I take it as challenge and experience in the world of bitcoin.
Every time I do not follow my own plan, I lose money. So I just started to follow my plan. And all transactions are closed as I planned. Only time sometimes it takes a lot to wait.
I'm doing my best to change things for the better but it's not up to me, so I do not get upset , I tell myself I did everything I could, Today I lost, tomorrow I will win.
Wow, A great confidence, thinking positive result help us to control our emotion when there's a hindrance in our goal, like earning money.
The best solution to manage our emotion is the experience, because if you have this you have a right decision and you know the best time to earn money.
I manage my emotion by just doing something make me happy. Here in crypto everytime the price of many coin down i just didn't look the the and move on in some few days to control my panic emotion.
I have to manage my emotions in the way that when i feel tired from work and i have no other alternative or when i busy in the trading then i have to do things with the patience and for me this is good to hold my all crypto money because any wrong decision in the crypto can ruin my business . So i don't want to do any decision in emotionally and this is my best policy that i have to do gambling with out any emotions.
Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
It's too hard to manage my emotions right now because of bitcoin low price. We lose almost our money because our coins now have no value. But I still beleive on what God had promise to me that I will wait for my turn to be rich in bitcoin. I will be a part of bitcoin rich people created by bitcoin. This year l will become a millionaire. With the guidance of my God. He will never leave me nor forsake me.
to control or manage your emotions is needed a consistent to yourself in the rules your trading
I just simple to manage my emotions in trading is set a target of amount and keep patience
I just simple to manage my emotions in trading is set a target of amount and keep patience
I will say that in rare cases panic helped me to earn - I quickly thoughtlessly sold on the fall and waited for a stable minimum to buy back. Then the crypto currency grew and I returned the lost money.
The cool brain is so needed for trading strategy. Sometimes we decided to lose a little by being forced to sell our coin. Sometimes we also have to be more flexible in making decisions, but of course to be able to earn more
You can have a cool brain but if you are weak emotionally, it will defeat your brain. having a good strategy is coming from thorough research but lack of execution is cause by weak emotion, at all means, do learn to manage your emotion.
The cool brain is so needed for trading strategy. Sometimes we decided to lose a little by being forced to sell our coin. Sometimes we also have to be more flexible in making decisions, but of course to be able to earn more
For me, there are 2 ways of dealing with emotions. The first one: implementing risk management and the 1% rule (1% loss that you can afford on your deposit). The second one: you should have some activities to switch on. For me it is sport and my family. Trading should not be the meaning of your life.
It's very easy for me to manage emotions because I'm not emotional at all)) I'm very calm
You stick to your trading plans no matter what happen. If you have a good foundation of your technical analysis and you have researched well enough on your trades, you will be more confident even if the price moves against your trades. It will take a lot of practice to control your emotions but you will be able to control it if you always try. And the fastest way to achieve that is if you are confident with your trades.
If you have just started on crypto trading, its really hard to control your emotions in the beginning. Specially if you are seeing that you are losing your investment. That's why during price crash, newbies are the most affected by it because they panic and just sell everything loosing money. If you think you already control your emotion that's the time you will focus your mind to the situation where you're in. Such as in trading you need to be patience and wise in making decision, if you don't want to lose
Maybe you just lack of believing in your original plan. If your making a plan, of course you should hold on unto it and remain stay. Because once the emotion of yours leads you personality it will control you as a whole. You can't blame other person if they didn't stick to their plans because there is a lot of things to consider like they see a massive bad feedbacks and also a hard dump then it will trigger them to also sell because everybody does
Well that happens most of the time , when planning to bet again or when to buy or sell on trading that makes it hard but , we know in ourselves we can control our emotions. I myself I have also troubles on making decisions but I do come to relax and think more what can possibly happen either what move I do and accept whatever the result
I like to write down my strategies in an excel sheet where I also track results. I try to stick to the plan, but I must say in times of major market movements this can be difficult. The feeling in the underbelly can be overwhelming, but after a few weeks sticking to the plan mostly pays out.
Avarice of individuals I believe is typical yet you have to control that since it may be that brings you nothing when you let your feeling controlled you. Tolerance is an unquestionable requirement in exchanging so you could sit tight for the ideal planning when yo offer your holding coins at the opportune time when you benefit was there. Never go about as a frenzy vender simply sit tight for better benefit that you anticipated.
When i see that i am getting emotional, i want a short break from this world so most of the time i slumber. Sometimes i do not take care about this, do not think what is happening with me just with a big smile again start to run to my destination.
I'm doing my best to change things for the better but it's not up to me, so I do not get upset , I tell myself I did everything I could, Today I lost, tomorrow I will win.
Wow, A great confidence, thinking positive result help us to control our emotion when there's a hindrance in our goal, like earning money.
The best solution to manage our emotion is the experience, because if you have this you have a right decision and you know the best time to earn money.
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